Figs (FIGS) Operating Expenses (2020 - 2026)
Figs (FIGS) reported Operating Expenses of $103.8 million for Q1 2026, up 22.61% year-over-year from $84.7 million in Q1 2025, and down 4.1% quarter-over-quarter from $108.3 million in Q4 2025.
Figs (FIGS) Operating Expenses (2020 - 2026) Analysis & Trends
Figs (FIGS) has 7 years of Operating Expenses data on file, last reported at $103.8 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $103.8 million, up 22.61% year-over-year; the trailing twelve-month figure through Mar 2026 was $400.8 million (up 6.51% YoY), and the FY2025 annual result was $381.7 million, up 2.23% from the prior year.
- Operating Expenses slipped to $103.8 million in Q1 2026 per FIGS's latest filing, from $108.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $108.3 million in Q4 2025 and troughed at $64.7 million in Q1 2022.
- A 5-year average of $89.3 million and a median of $89.5 million in 2023 frame the typical range for Operating Expenses.
- On a YoY basis, Operating Expenses climbed as much as 39.71% in 2022 and fell as far as 27.6% in 2022.
- A 5-year view of Operating Expenses shows it stood at $95.6 million in 2022, then dropped by 12.51% to $83.6 million in 2023, then climbed by 11.56% to $93.3 million in 2024, then grew by 16.04% to $108.3 million in 2025, then fell by 4.1% to $103.8 million in 2026.
- Business Quant data shows FIGS's Operating Expenses at $103.8 million in Q1 2026, $108.3 million in Q4 2025, and $96.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ermenegildo Zegna | 179,116.29 Bn | 179,116.03 Bn | - | - |
| 2 | Ralph Lauren | 25.18 Bn | 23.12 Bn | 1.38 Bn | 1.19 Bn |
| 3 | Levi Strauss | 9.24 Bn | 8.43 Bn | 1.08 Bn | 879.60 Mn |
| 4 | V F | 6.76 Bn | 6.55 Bn | 1.22 Bn | 2.10 Bn |
| 5 | Kontoor Brands | 4.31 Bn | 4.20 Bn | 470.76 Mn | 896.96 Mn |
| 6 | Pvh | 3.56 Bn | 2.96 Bn | 1.19 Bn | 1.07 Bn |
| 7 | Columbia Sportswear | 3.50 Bn | 2.96 Bn | 394.96 Mn | 357.14 Mn |
| 8 | Under Armour | 2.51 Bn | 1.60 Bn | 492.04 Mn | 517.73 Mn |
| 9 | Figs | 2.04 Bn | 1.77 Bn | 108.30 Mn | 103.82 Mn |
| 10 | G Iii Apparel | 1.45 Bn | 1.06 Bn | 347.75 Mn | 49.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 103.82 Mn |
| Dec 31, 2025 | 108.26 Mn |
| Sep 30, 2025 | 96.43 Mn |
| Jun 30, 2025 | 92.33 Mn |
| Mar 31, 2025 | 84.67 Mn |
| Dec 31, 2024 | 93.30 Mn |
| Sep 30, 2024 | 102.66 Mn |
| Jun 30, 2024 | 95.71 Mn |
| Mar 31, 2024 | 81.69 Mn |
| Dec 31, 2023 | 83.63 Mn |
| Sep 30, 2023 | 87.44 Mn |
| Jun 30, 2023 | 89.47 Mn |
| Mar 31, 2023 | 82.38 Mn |
| Dec 31, 2022 | 95.59 Mn |
| Sep 30, 2022 | 79.62 Mn |
| Jun 30, 2022 | 76.90 Mn |
| Mar 31, 2022 | 64.69 Mn |
| Dec 31, 2021 | 73.57 Mn |
| Sep 30, 2021 | 64.15 Mn |
| Jun 30, 2021 | 106.21 Mn |